RECENT POSTS
- Special Feature: Wall Street History - How Wall Street Got Its Name
- Your First Move For Monday February 13th
- Gene Munster Expects Apple Growth, Dividend
- Follow Leon Cooperman into RIM, Halliburton?
- LinkedIn CEO Calms Post-Lockup Concerns
- Anthony Scaramucci: S&P 500 Stocks Still Cheap
- Your First Move For Friday February 10th
- Home Builder Optimism Up, Industry Expert Says
FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the latest show here.
HEDGE FUND TRADE OF THE WEEKWhich names are generating the most chatter across the hedge fund community this week?
CALL TO THE FLOOR | CEO EXTRACheck out our library of CEO interviews; conversations from TV as well as web exclusives.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTS
Download Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY SLIDESHOWS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up for our daily newsletter!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Putting on a Younger Face
Text Size 
Web Producer
 |
CNBC’s Technology and Media Editor Dennis Kneale was at the Forbes Media Conference in Beverly Hills. AT&T (T) CEO Randall Stephenson told him at the conference that he would like to have a broadband service outside of the 22 states AT&T currently operates in, increasing speculation that the company has its sights set on a satellite name like Echostar (DISH) or DirecTV (DTV).
DISH is the better play, Jeff Macke said. DTV is in the middle of an “ownership quagmire” that makes it less attractive to potential suitors. And the increased options activity in DISH shouldn’t be written off either, Pete Najarian said. “DISH is the better name.”
Also at the Forbes conference, Barry Diller of IAC/InterActiveCorp (IACI) dismissed to Kneale the value of Facebook based on Microsoft’s purchase. But Diller’s thinking on the subject was antiquated, Kneale said. People thought Google (GOOG) was crazy when it went public and now look at its valuation. With so many registered users and so many opportunities for targeted ads, Facebook is naturally somewhere advertisers would go and pay huge premiums, Kneale said. With that in mind, and the late breaking news that the company is in discussion with hedge funds and private equity to raise even more cash, the valuation isn’t necessarily so absurd.
______________________________________________________
Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .
Trader disclosure: On Oct 25, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke owns (INTC), (ATVI), (EMC), (YHOO); Najarian owns (UA), (DISH), (GOOG), (YHOO), (MSFT) Options; Finerman’s firm and Finerman own (GS); Finerman’s firm owns Russell 2000 Puts, S&P 500 Puts, (NMX), (NYX), (MSFT), (BEAS), is short (BIG), (MER); Finerman owns (C)
Data is a real-time snapshot *Data is delayed at least 15 minutes
